$2,949,999
Original price: $2,949,999
3 Beds
1 Bath
1,376 sqft (on 12.97 acres)
588 Wallis Rd, Rye, NH 03870
Home Highlights
Single-Family Home
Built in 1965
12.97 acre lot
$2,144/sqft
1 Car Garage
Local Information
- Map ViewExplore the area around 588 Wallis Rd.
- Schools1 Preschool School2 Elementary Schools1 Middle School
- Shop & Eat
-- mins to
About this House
12.39 private acres in the heart of Rye, one of New Hampshire's most desirable coastal communities. Ideally located between Rye Elementary School and Rye Junior High School, less than two mile from Wallis Sands Beach, and just minutes from downtown Portsmouth. The property includes an existing 3-bedroom ranch that has been substantially gutted, offering the flexibility to renovate, expand, or create an entirely new custom residence. Extensive planning and due diligence have already been completed, including architectural plans, wetlands review, and an approved NH DES septic design for a future 5-bedroom home. The building envelope has been cleared and prepared, providing a significant head start for the next owner. Under single ownership and not capable of subdivision, this exceptional parcel offers privacy, natural beauty, and the opportunity to create a landmark estate in one of the Seacoast's most sought-after locations. Surrounded by luxury homes and protected open space.
Home Details for 588 Wallis Rd
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Interior Details Number of Rooms: 7Types of Rooms: Master Bathroom |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1376 Square Feet |
Appliances & Utilities Appliances: Water Heater, Other |
Heating & Cooling Heating: NoneNo CoolingAir Conditioning: NoneNo Heating |
Fireplace & Spa Number of Fireplaces: 1Has a FireplaceNo Spa |
Gas & Electric Electric: 220 Volts |
Windows, Doors, Floors & Walls Flooring: Other |
Levels, Entrance, & Accessibility Floors: Other |
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Exterior Home Features Roof: ShingleExterior: OtherFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Open Parking Spaces: 9No CarportHas a GarageHas an Attached GarageParking Spaces: 10Parking: Attached,Off Street |
Frontage Waterfront: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)Road Frontage: PublicNot on Waterfront |
Water & Sewer Sewer: Private Sewer |
Farm & Range Frontage Length: 100.00 |
Finished Area Finished Area (above surface): 1376 |
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Days on Market: 99 |
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Year Built Year Built: 1965 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: FrameNot Attached PropertyDoes Not Include Home Warranty |
Property Information Not Included in Sale: No Personal Property. Architectural Plans Available Separately Upon Request.Parcel Number: 745722 |
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Price List Price: $2,949,999Price Per Sqft: $2,144 |
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MLS Status: Active |
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Direction & Address City: Rye |
School Information Elementary School: Rye ElementaryJr High / Middle School: Rye Junior HighHigh School: Portsmouth High |
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Listing Agent Listing ID: 73536090 |
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Building Area Building Area: 1376 Square Feet |
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Community Features: Golf, Public SchoolNot Senior Community |
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No HOA |
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Lot Area: 12.97 Acres |
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Energy Efficiency Features: Other (See Remarks) |
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Mls Number: 73536090Above Grade Unfinished Area: 1376 |
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GolfPublic School |
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
What Locals Say about Rye
At least 11 Trulia users voted on each feature.
93 % Say it's dog friendly
92 % Say there's wildlife
89 % Say car is needed
88 % Say yards are well-kept
85 % Say people would walk alone at night
82 % Say there's holiday spirit
77 % Say parking is easy
74 % Say it's quiet
72 % Say they plan to stay for at least 5 years
71 % Say kids play outside
70 % Say neighbors are friendly
31 % Say there are community events
29 % Say it's walkable to restaurants
24 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
Market trends in Rye
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
19
6MoM
Home Value
Trulia Estimate
$2.62MSince last month
Decreased$16K (-0.6%)Since last year
Increased$1M (+125.6%)Since last sale
Increased$2M (+274.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +433% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $2.62M |
| August 2026 | $2.63M |
| July 2026 | $2.67M |
| May 2026 | $1.04M |
| April 2026 | $1.03M |
| March 2026 | $1.04M |
| February 2026 | $1.04M |
| January 2026 | $1.01M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | $1,000,000 | 03/10/26 | 3 | 2.5 | 2,304 | |
0.77 | Single-Family Home | $659,000 | 05/14/26 | 2 | 1.5 | 1,176 | |
0.29 | Single-Family Home | $923,500 | 08/29/26 | 4 | 3 | 3,578 | |
0.40 | Single-Family Home | $1,200,000 | 06/05/26 | 4 | 2.5 | 2,956 | |
0.65 | Single-Family Home | $882,000 | 09/16/26 | 3 | 2.5 | 2,046 | |
0.59 | Single-Family Home | $1,353,000 | 06/30/26 | 3 | 2.5 | 2,411 | |
0.75 | Single-Family Home | $1,300,000 | 07/15/26 | 3 | 2 | 1,948 | |
1.21 | Single-Family Home | $880,000 | 06/16/26 | 3 | 1 | 1,264 | |
1.24 | Single-Family Home | $699,000 | 05/01/26 | 3 | 1 | 1,144 | |
0.47 | Single-Family Home | $1,567,000 | 10/29/25 | 4 | 3.5 | 3,504 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.14 | $1,000,000 | 3 | 2.5 | 2,304 | Recently Sold | |
0.29 | $923,500 | 4 | 3 | 3,578 | Recently Sold | |
0.28 | $650,000 | 2 | 1 | 937 | Recently Sold | |
0.28 | $950,000 | 2 | 2.5 | 1,536 | Recently Sold | |
0.28 | $650,000 | 2 | 1 | 890 | Recently Sold | |
0.33 | $1,188,600 | 3 | 3 | 2,034 | Off Market | |
0.36 | $1,044,900 | 2 | 2 | 1,795 | Off Market | |
0.40 | $1,200,000 | 4 | 2.5 | 2,956 | Recently Sold | |
0.40 | $1,302,500 | 3 | 2 | 2,326 | Off Market | |
0.41 | $1,481,600 | 3 | 3 | 2,786 | Off Market | |
0.44 | $1,339,900 | 4 | 2.5 | 3,374 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 21, 2026 Source: PrimeMLS #5095253 | PriceChange | $2,849,999 Price decreased by 3% |
Jun 15, 2026 Source: MLS PIN #73536090 | Listed For Sale | $2,949,999 |
Jun 11, 2021 Source: PrimeMLS #4837523 | Sold | $699,000 |
Apr 23, 2021 Source: Keller Williams #4837523 | Pending | $775,000 |
Apr 9, 2021 Source: Keller Williams #4837523 | PriceChange | $775,000 Price decreased by 3% |
Dec 29, 2020 Source: Agent Provided | PriceChange | $799,000 Price decreased by 9% |
Nov 6, 2020 Source: Agent Provided | Listed For Sale | $875,000 |
| Year | Property tax | Tax assessment |
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| 2024 | $4,826 | $557,300 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Edward Perez, Edward Perez, (603) 498-4402
Agent Phone: (603) 498-4402
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
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Frequently asked questions about 588 Wallis Rd
- What is the estimated monthly payment for 588 Wallis Rd?Based on a $2,949,999 list price with 20% down at today's rates, the estimated monthly payment for 588 Wallis Rd in Rye, NH is approximately $19,517 (about $16,050 principal & interest, $3,392 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Rye?Residents describe Rye, NH as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Rye, NH.
- What are the closest schools to 588 Wallis Rd?The closest schools to 588 Wallis Rd in Rye, NH are Rye Elementary School (Pre-K, rated 9/10), Rye Junior High School (Elementary, rated 9/10).
- What is 588 Wallis Rd estimated to be worth?Trulia's estimated value for 588 Wallis Rd in Rye, NH is $2,614,700.
- How big is the lot at 588 Wallis Rd?The lot at 588 Wallis Rd in Rye, NH is about 13 acres.
- Does 588 Wallis Rd have a garage?Yes, 588 Wallis Rd in Rye, NH has an attached garage.
588 Wallis Rd, Rye, NH 03870 is a 3 bedroom, 1 bathroom, 1,376 sqft single-family home built in 1965. This property is currently available for sale and was listed by MLS PIN on Jun 15, 2026. The MLS # for this home is MLS# 73536090.